What Is a Vendor Bid?

Supplier bargaining power refers to the ability of a supplier to obtain a better price when an existing enterprise purchases raw materials from the supplier.

Supplier bargaining power

Right!

Supplier bargaining power refers to the ability of a supplier to obtain a better price when an existing enterprise purchases raw materials from the supplier.

Ability of input factor price and unit value quality

Supplier concentration. Are there a large number of scattered suppliers, or are there only a few dominant suppliers?

Brand awareness

Vendor's rate of return. Are suppliers forced to raise prices?

Is there any potential for forward threats from suppliers (for example: brand manufacturers establish their own retail outlets).

The role of quality and service.

Whether the industry is the core customer base of the supplier.

Conversion cost

Threat to alternatives

Consumer purchases

Is the information symmetrical between the supplier and the buyer

Whether the buyer is price sensitive